Long-term care isn't just for the elderly

5:34 AM,
Nov. 8, 2013

Written by

Stacia Vetter and Gerald Coggin

All of the attention these days on the Affordable Care Act has Americans focused on health insurance and how it affects family finances, and that's a good thing. But with November being "Long-Term Care Awareness Month," it's a good time to focus also on long-term care insurance, something too many Americans forget to include in their retirement planning.

At least 70 percent of people over age 65 will require long-term care services at some point. Such care can be very costly and, contrary to what many people believe, it isn't standard in regular health plans and it isn't covered by government ...